The eligibility for the benefits depends upon the date of payment by you towards investments in REC/NHAI bonds and date of receipt of such payments by REC/NHAI. If they have received your payments within a period of six months, you are eligible for ...
If bonds of assessee’s choice are not available throughout period of six months as provided under section 54EC, time to invest in bonds would get automatically extended till bonds are available in market; and assessee can purchase same and claim ...
No. After amendment in the Finance Act (No.2) 2014, it is not possible to invest more than Rs.50 lakhs for benefits under section 54EC of the Act. But you may consider investment u/s 54F or 54.